National Association For Korean Schools-Northwest Chapter
- Assets
- $136.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, WA
- Founding
- 11/2001
- Data as of
- 12/2022
- EIN
- 91-2134928
Organization Overview
National Association For Korean Schools-Northwest Chapter is located in Lakewood, WA. The organization was established in 2001. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association For Korean Schools-Northwest Chapter is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, National Association For Korean Schools-Northwest Chapter generated $62.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $51.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SPEECH COMPETITION SPELLING BEE SINGING COMPETITION WRITTING COMPETITION ART COMPETITION TEACHERS TRAINING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ji Hyun Kim Vice President | 1 | $0 | |
Hyong Chan An Vice President | 1 | $0 | |
Se Jin Yune Secretary | 1 | $0 | |
Isaac Cho President Assistant | 2 | $0 | |
Yon C Kim Board Chair | 2 | $0 | |
Sonja Bradley Board Vice Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,950 |
| Investment income | $180 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $34,404 |
| Other Revenue | $0 |
| Total Revenue | $62,534 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,400 |
| Printing, publications, postage, and shipping | $2,650 |
| Other expenses | $0 |
| Total expenses | $51,811 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,842 |
| Other assets | $0 |
| Total assets | $136,842 |
| Total liabilities | $0 |
| Net assets or fund balances | $136,842 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tsinghua Gix Institute North America Bellevue, WA | $54,185 | $46,979 |
Lunchtrip Foundation Indianola, WA | $3,575,545 | $2,780,000 |
International Carpe Diem Foundation Inc Portland, OR | $199,625 | $133,129 |
Crooked Trails Seattle, WA | $44,656 | $0 |
Little Masters Club Bellevue, WA | $236,365 | $0 |
National Association For Korean Schools-Northwest Chapter Lakewood, WA | $136,842 | $0 |
Mundo Exchange Inc Portland, OR | $9,944 | $0 |
International Foster Care Alliance Seattle, WA | $3,132 | $0 |
Ketchikan-Kanayama Exchange Inc Ketchikan, AK | $27,287 | $0 |
Program For African Leadership Charitable Tr Bellevue, WA | $2,776 | $0 |